Adani Enterprises Limited has made a rights issue of its equity shares issued on a partly paid-up basis, aggregating to approximately ₹24,930.30 crore, on a fully paid-up basis.

Cyril Amarchand Mangaldas advised Adani Enterprises on this rights issue.

The transaction was led by Devaki Mankad (Partner - Regional Co-Head - Capital Markets – West), with support from Jhalak Shah (Principal Associate), Associates Raksha Raina, Archit Jain and Aria Sheth.

Adani Enterprises is the flagship entity of the Adani portfolio, which is among India’s top business houses with an integrated energy and infrastructure platform in India and a long track record of successfully executing large-scale projects and is one of India’s largest listed business incubators in terms of market capitalisation.

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